Debt Free In 30
480 – Increase in Homebuyers Cancelling Contracts: Here's What You Need to Know!
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:31:42
- More information
Informações:
Synopsis
Doug Hoyes and Ted discuss a pressing issue that many Canadians face: the challenge of closing on a house when real estate prices have taken a hit. They discuss the complexities of the real estate market, particularly the implications for those who bought pre-construction homes or condos. They also explain the risks associated with pre-construction purchases, such as the potential loss of deposits and the financial difficulties of closing on a property with a lower appraised value. This episode provides practical advice and raises thought-provoking questions about the need for changes in deposit protection laws, shedding light on a crucial topic in today's housing market. Related Links: StateView homes receivership https://www.tarion.com/media/important-information-purchasers-and-owners-stateview-homes Tarion New Home Deposit Protection https://www.tarion.com/media/deposit-protection-takes-stress-out-buying-new-homes Why a House Does Not Guarantee Financial Security https://www.hoyes.com/blog/why-a-house